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India Targets Mobile Phone Exports Of $9 Billion This Year – Minister

admin-augaf by admin-augaf
December 8, 2022
in Business, Finance
Reading Time: 1 min read
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India Targets Mobile Phone Exports Of $9 Billion This Year – Minister

Commuters watch videos on their mobile phones as they travel in a suburban train in Mumbai, India, April 2, 2016. AUGAF/REUTERS/Shailesh Andrade/File Photo

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New Delhi December 8 2022: India expects its mobile phones exports to rise to 700 billion Indian rupees (USD 8.50 billion) to 750 billion Indian rupees (USD 9.11 billion) this fiscal year, a government minister said on Thursday.

The exports will be of "classic and leading brands", including products of companies like Apple Inc (AAPL.O) made in India, said Rajeev Chandrasekhar, minister of state for electronics and technology.

Exports were USD 5.8 billion in the last fiscal year that ended on March 31, according to media reports.



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